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Uncertainty spreads across ecosystem following NVIDIA CEO resignation

Axios · ·by G4L

NVDA NVIDIA Corp
$166.19 -4.34%
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  1. 1Uncertainty has increased among ecosystem partners due to Jensen Huang's resignation as NVIDIA CEO.
  2. 2NVIDIA shares fell 4.3% on Thursday, leading to a decline in related companies.
  3. 3CoreWeave, which holds a stake of over 12% in NVIDIA, saw its share price drop 6.9% on Thursday.

So what's the key point?

Uncertainty has grown among surrounding companies as NVIDIA's leader stepped down. NVIDIA shares fell 4.3%, causing the prices of related companies like CoreWeave to decrease as well.

Source Axios · View original ↗

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